Racial
Bias in HiringAre Emily and Brendan More Employable than Lakisha and Jamal?
Though racial inequality in the U.S. labor market is understood
as a persistent problem even today, it has been difficult to
measure how such discrimination works. Do employers actively
discriminate against African-American job applicants? Can such
discrimination be proven? What is the effect of improved credentials
for African-Americans? A new study offers the answers.Research by Marianne Bertrand

Don't Blame the
SystemWhy Capitalism Must be Saved from the Capitalists
Capitalism has always been seen as an instrument for the rich
to get richer. A new book turns this view upside down: Capitalism
is instead a system that fundamentally benefits everyone, especially
the have-nots. Research by Raghuram Rajan and Luigi Zingales

How
Much are Nonexistent Earnings Worth?Throwing Away Cash to Report False EarningsHow much will firms spend to perpetuate accounting fraud?
New research indicates that some firms are willing to burn through
their cash to inflate their financial statements.Research by Merle Erickson

Financial
Education Starts at HomeUnderstanding the Relationship Between Parent and Child Wealth
The similar economic position of parents and children is partly
determined by how well parents teach their children to save.Research by Erik Hurst